Australia's PARKD surges on signing exclusive partnershp deal, premium placement

Symal

13/10/2026 01:02

** Shares of Australia's PARKD PKD.AX rise as much as 33.3% to A$0.04, hitting their highest level since February 3
** The construction technology company signs exclusive partnership deal with ASX-listed Symal SYL.AX 
** Co appoints Symal as its strategic partner in Victoria and South Australia
** PKD also receives commitment to raise A$800,000 ($556,400.00) at a near 17% premium to the stock's last close
** PKD up over 11% YTD, including the day's move

($1 = 1.4378 Australian dollars)

 (Reporting by Rajasik Mukherjee in Bengaluru)
 ((Rajasik.Mukherjee@thomsonreuters.com))